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Airbnb results beat expectations amid continued travel rebound, but stock falls after running higher this year

Por: MarketWatch Business August 04, 2023

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The company — whose platform allows owners of properties of all kinds to rent them out to travelers — said it expected third-quarter sales of $3.3 billion to $3.4 billion. That was above FactSet estimates for $3.23 billion. It also said it expected a “modest” increase from the second quarter in nights booked. For the second quarter, Airbnb reported net income of $650 million, or 98 cents a share, compared with $379 million, or 56 cents a... + full article



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